Listed by: Michael Sannes, RE/MAX Big Bear
$565,000
●
House -
Off Market
640 Conklin Road
Big Bear, CA 92315
4 Beds
3 Baths
2,762 Ft²
$663,982
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Nature surrounds this 3-story chalet with woodsy interior.
Excellent location close to The Village, Snow Summit, Meadow Park,
the lake and all that Big Bear offers. You'll enjoy the serene
mountain views while lounging on the elevated back deck. Plenty of
room for the whole family and their friends with spacious master,
living, kitchen and utility room with laundry downstairs. Another
large master bedroom with attached bath, fireplace and a second
full kitchen on the mid-level. And two more bedrooms, a third
bathroom, plus an additional loft area which could be used as 5th
bedroom as needed on the third level. Detached garage with workshop
provides great storage. Plenty of parking and easy access behind
the house from alley off Georgia St. Lots to work with. Fantastic
value.
Unit Size
2,762 Ft²
Days on Market
49 days
Land Size
0.19 acres
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #219079104PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by RE/MAX Big Bear | $649,000 | |
| Listed by RE/MAX Big Bear | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Big Bear Lake
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Listed by: Michael Sannes, RE/MAX Big Bear
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219079104PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219079104PS
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